India records 8.6% growth in air traffic in April, 2012

Mumbai: April, 2012 saw air traffic in India rising by 8.6 per cent year-over-year, ahead of the 1.7 per cent capacity expansion, according to the International Air Transport Association’s (IATA) report for April, 2012. The report stated that load factors for the Indian aviation market stood at 75.3 per cent.
Globally, passenger demand rose 6.1 per cent in April. The report stated that the growth figure was above the 20-year trend. “Strong demand for air travel with limited capacity expansion pushed load factors to 79.3 per cent, a record high for an April load factor,” the report said.
“It’s a volatile and risky world. Airlines are being cautious managing through the uncertainty. Overall passenger demand was up 6.1 per cent in April and capacity increases were held back to 3.8 per cent. But economic uncertainty in Europe makes it very difficult to be optimistic in the near to medium-term,” said Tony Tyler, Director General and CEO, IATA.
01/05/12 TravelBizMonitor

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Categories: Indian Aviation- In General Jun 2012